Apportionable

Apportionable describes something that can be divided and distributed fairly or according to a plan. It implies a process of allocation where a whole is broken down into parts, and each part is then assigned to a recipient or group, often based on criteria like need, merit, or proportion. The concept often arises in contexts involving resources, responsibilities, benefits, or burdens. A key feature is the ability to divide something into clearly defined units, allowing for equitable distribution and preventing wastage. It’s a crucial term in legal, financial, and organizational frameworks where fairness and structured allocation are important. When something is apportionable, it inherently allows for careful accounting and justified distribution practices.

Apportionable meaning with examples

• The estate assets were considered apportionable by the will. The lawyer meticulously divided the inheritance amongst the siblings according to their pre-determined shares, and the process was handled quickly. Each sibling had to agree and sign that the assets were apportionable. Therefore, the estate's value was fairly apportioned after the court settled the last remaining issues.
• During the fundraiser, the donations were considered apportionable to various projects. The committee decided how the money collected would be allocated to the specific initiatives that most needed it. The collected amount was apportioned based on each project's outlined needs and funding proposal, after the initial distribution. The board agreed to review the apportioned funds quarterly, and the project's growth was considered.
• The company's profits were considered apportionable amongst its shareholders at the end of the fiscal year. The finance department calculated each shareholder's percentage share and apportioned their respective dividends accordingly. This ensured fairness and compliance with shareholder agreements. Each investor received payment according to their holdings. Therefore, the profit-sharing plan created a clear understanding.
• The city council deemed the available funds for community programs apportionable. They designed a transparent process for granting funds to different community initiatives, ensuring equity. Each program's proposal was meticulously assessed, and the amount was apportioned according to the project's scale, need, and impact on the locality, with no conflict of interest. The amount allotted was also proportional to the local population.